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(302) 703-0727

Delaware VA Loan Limits 2026

John Thomas January 14, 2026 Tags: , , , , , ,
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Delaware VA Loan Limits 2026

Important Information for Veterans and Active-Duty Military

Delaware VA loan limits in 2026 only apply to veterans with partial entitlement. With full VA entitlement, there is no loan limit in Delaware and eligible borrowers can finance 100% of the purchase price. Veterans using partial entitlement are subject to a statewide limit of $832,570 across all three Delaware counties, with a required 25% down payment on any amount above their remaining entitlement. Keep Reading...

Conventional One Time Close Construction Loan

John Thomas January 14, 2026 Tags: ,
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The Conventional One Time Close Construction Loan is a home mortgage that allows borrowers to purchase a lot, build a home and obtain a permanent mortgage all combined into one first mortgage loan with one closing. It is a great option for borrowers wishing to build their own home with a private builder. If you are interested in a conventional OTC construction loan, then give the John Thomas Team a call at 302-703-0727 or APPLY ONLINE

Conventional One Time Close Construction Loan Highlights

The Conventional OTC Construction Loan has all of the following features which make it a great option for building your own new construction home: Keep Reading...

VA Loan Limits 2026 for Veteran Home Buyers

John Thomas January 7, 2026 Tags: , , ,
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VA Loan Limits 2026: Key Facts Veterans and Active Duty Service Members Should Know

VA loan limits for 2026 will only apply to veterans with partial entitlement. Veterans and active-duty service members who have full VA entitlement (100%) will have no loan limits. They can borrow up to 100% of the home’s purchase price even if it exceeds $1,500,000. If the vet has partial VA entitlement, the FHFA’s 2026 conforming loan limits come into play, and borrowing above your remaining entitlement loan limit will require a 25% down payment on the difference. Need to get pre-approved for a VA Home Loan to purchase or refinance, then call Loan Office John Thomas at 302-703-0727 or APPLY ONLINE. Keep Reading...

Conventional Manufactured Home Loans

John Thomas December 28, 2025 Tags: , ,
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Manufactured home buyers: looking for conventional financing options that cost significantly less than site-built homes? You can often find a manufactured home at half the cost of a traditional house in many markets. I’m John Thomas, a loan officer with Primary Residential Mortgage, and I help buyers understand conventional loan options for single-wide, double-wide, and multi-wide manufactured homes.

Here’s what you need to know upfront

Manufactured homes require stricter guidelines than site-built properties. Most conventional loans for manufactured homes require a minimum credit score of 620 and a down payment of 5% in most cases. You’ll also need mortgage insurance for down payments under 20%, and rates typically run higher compared to traditional home loans. Keep Reading...

USDA Manufactured Home Loans

John Thomas December 28, 2025 Tags: , , ,
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USDA Manufactured Home Loans: A Full Guide for Buyers

Quick Overview – Straight to the Point

USDA manufactured home loans help eligible buyers finance a new or existing manufactured home with
zero down payment. The home must be set on land you own and must meet USDA and federal construction standards. These loans are built for rural and many suburban buyers with moderate incomes who want affordable homeownership without FHA mortgage insurance or big upfront costs.  To find out if you qualify for a USDA Home Loan to purchase a manufactured home, call 302-703-072 or APPLY ONLINE Keep Reading...

HECM Reverse Mortgage Loan Limits 2026

John Thomas December 23, 2025 Tags: , , , ,
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2026 HECM Loan Limit: HUD has set the FHA reverse mortgage (HECM) maximum claim amount at $1,249,125 for loans with case numbers assigned on or after January 1, 2026. This cap applies nationwide and is the maximum home value FHA will use when calculating reverse mortgage proceeds. Your actual available funds depend on your age, interest rates, your home value up to the limit, and any existing mortgage payoff.

2026 Reverse Mortgage HECM Loan Limits: What Senior Homeowners Need to Know

HECM loan limits will see a meaningful increase in 2026, giving reverse mortgage applicants more borrowing power nationwide. The Federal Housing Administration (FHA) has announced that the maximum claim amount for Home Equity Conversion Mortgages (HECMs) will rise to $1,249,125, up from $1,209,750, for loans with case numbers assigned on or after January 1, 2026.

That change allows qualified borrowers to access nearly $40,000 more of their home equity compared to 2025. Keep Reading...

Delaware FHA Loan Limits 2026

John Thomas December 22, 2025 Tags: ,
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Delaware FHA Loan Limits for 2026

Delaware FHA Loan Limits 2026 by Counties: New Castle, Kent, and Sussex (Guide for 1 to 4 Units)

Quick Overview of FHA Loan Limits for 2026 in Delaware

The Delaware FHA loan limits 2026 are based on the county where a property is located in Delaware.  For a home with one unit in New Castle County you borrower up to $630,200, in Kent and Sussex Counties you can borrower up to $541,287.  Find out if you qualify for a FHA Loan in Delaware today by calling 302-703-0727 or APPLY ONLINE

If you’re looking at multi-unit properties with 2-4 units then the FHA loan limits are higher.  But in order to finance a multi-unit property with an FHA loan, Buyers must live in one of the units as their primary residence and comply with the rules from the Federal Housing Administration (FHA) and the U.S. Department of Housing and Urban Development (HUD). Keep Reading...

USDA Renovation Loans Explained 2026 Guide

John Thomas December 22, 2025 Tags: , ,
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USDA Renovation Loans: Limited vs Standard (2026 Guide)

USDA Renovation Loan: The Short Version

A USDA Renovation Loan lets eligible buyers or homeowners purchase or refinance a rural home and finance repairs into one 30-year fixed-rate mortgage. These loans are for owner-occupied, 1-unit primary residences, and borrowers typically need a minimum 620 credit score. You can choose USDA Limited Renovation (up to $35,000 in non-structural repairs) or USDA Standard Renovation (structural repairs and/or projects over $35,000 with no repair cap, subject to the maximum loan amount). Keep Reading...

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